The hacker used a flash loan to inflate prices on Makina’s USD-USDC liquidity pool, and then traded to make over $4 million.

QuickSwap, a decentralized-finance (DeFi) platform that's based on the Polygon blockchain, closed its lending services for users following a flash-loan exploit for over $220,000 worth of tokens on ...

Decentralized finance protocol Bunni suffered an $8.4 million exploit on September 2, after a sophisticated attacker leveraged a flash loan to manipulate liquidity pools on both Ethereum and Unichain.

In July 2024, Dough Finance, a Florida-based DeFi platform promising leveraged “looping” returns, fell prey to a flash-loan exploit that drained $2.5 million from user accounts. The exploit not only ...

Technical weaknesses in smart contracts, such as reentrancy and flash loan exploits, have led to substantial financial losses in the crypto space. Targeted security solutions, like SphereX and GoPlus, ...